Real Estate Reserve Podcast How Mastering Foreclosure and Tax Sale Overages Led This Investor to Move to Puerto Rico - #256
How Mastering Foreclosure and Tax Sale Overages Led This Investor to Move to Puerto Rico - #256
In this episode of The Real Estate Reserve Podcast, hosts Jason and Ian sit down with Bob Diamond, a seasoned real estate attorney and investor now living in Puerto Rico, to unpack how mastering foreclosure and tax sale overages turned into a lucrative real estate business—and ultimately gave him the freedom to live in paradise.
Bob shares his journey from working at Arthur Andersen to building a real estate empire through foreclosure auctions, tax sale investing, and recovering excess funds for homeowners. He breaks down how overages work, why most people don't even know they're owed money, and how investors can turn this overlooked niche into a profitable venture.
💬 Topics covered:
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How foreclosure and tax sale auctions really work
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Understanding overages and excess funds
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Why 70% of funds go unclaimed—and how to recover them
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Lessons from flipping, rentals, and tax sales
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The mindset behind successful investing
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Why Bob chose to move his business to Puerto Rico
Whether you're a real estate investor, attorney, or just curious about passive income through unique strategies, this episode is packed with insight and experience from someone who's done it all.
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https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777